Follow PMI

For the most part, it’s the usual suspects atop the nation’s leaderboard for apartment rent growth. But a few surprises popped in, as well — in part due to continued impressive lease-up velocity in many markets facing big waves of new supply.

The U.S. apartment market outperformed everyone’s expectations with an impressive showing in 2nd quarter 2014. Occupancy jumped up to a seven-year high, even with newly built units hitting the market in large numbers. And quarterly rent growth reached a 14-year high.

MPF Research reports that the U.S. apartment sector continues to post strong fundamentals even as new supply levels ramp up – with occupancy registering around 95% and annual rent growth around 3% for the seventh consecutive quarter.

Where did rents climb the most in 2013? In this video update, Greg Willett and Jay Parsons from MPF Research highlight the nation’s top 10 markets for rent growth in 2013. While many of the usual suspects rank high on the list, there were also a few surprises.

How much will the apartment revenues be impacted by the large block of new supply set to complete? MPF Research’s Greg Willett and Jay Parsons discuss expectations for the U.S. apartment market in 2014.

Going into 2013’s 4th quarter, the U.S. apartment sector entered a period of vulnerability – with lots of new supply scheduled to complete during what are traditionally the slowest months for apartment demand. So how did the apartment sector hold up? Greg Willett and Jay Parsons take a look in this video edition of Apartment Market Dynamics.

Which individual apartment metro topped the list for rent growth in year-ending third quarter of 2013? Here are the top ten performers according to the latest quarterly apartment market numbers from MPF Research.

Which individual apartment metro topped the list for rent growth in year-ending second quarter of 2013? Here are the top ten performers according to the latest quarterly apartment market numbers from MPF Research.